If the price of Bitcoin rises, MicroStrategy will benefit in various ways. Conversely, if the price of Bitcoin falls drastically or even crashes, MicroStrategy may face challenges in recovering from the debt.
According to the FSC, the main aim of the proposed new rules is to encourage firms to have accounting transparency.
For now, the e-CNY app has a limit of 500 yuan ($77) per transaction and 10,000 yuan ($1,540) per day for offline payments.
While the Slurpee NFT creation process is exclusive to mobile devices, collectors can provide their name, email address, and telephone number to customize their NFTs.
StakeHound claimed in the filing that it is under “no obligation” to exchange the stTokens for other tokens.
This Thursday, Coinbase and the SEC will be facing each other in the court for the first time since the federal securities regulator filed a lawsuit last month.
The serial entrepreneur thinks the regulations by enforcement from the US SEC have significantly dragged the Bitcoin market from rallying further.
Coinbase will now join market surveillance sharing for Cboe ETFs even as market sentiments suggest BlackRock will win SEC approval.
This move is part of the regulator’s efforts to ensure the financial system’s integrity and prevent potential illicit activities associated with unregulated crypto transactions.
BlackRock is set to become the first asset manager to launch a fund that tracks the price of Bitcoin.
China has been at the forefront of CBDC development, with ongoing trials and pilot programs for the digital yuan.
Exfinity is known for its work in revolutionalizing access to economic opportunities in developing countries in Asia, the Middle East, and Africa.
Daniel Shin, who co-founded Terraform Labs with Do Kwon, allegedly sold about $118 million in LUNA before the token crashed in May of 2022.
VARA is exercising its authority to supervise and monitor compliance, assure fulfillment of prescribed conditions, impose remedial measures, and take necessary enforcement actions, including but not limited to holding BitOasis’ License status as non-operational.
The drop in the floor price of the BAYC NFTs has a spillover effect into ApeCoin (APE), which is an important part of Yuga Labs’ virtual world called Otherside.